$1,665,000
$1,675,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
1899 Freeman AVE Signal Hill, CA 90755
6,080 SqFt
Key Details
Sold Price $1,665,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,080 sqft
Price per Sqft $273
MLS Listing ID OC23124254
Sold Date 11/30/23
HOA Y/N No
Year Built 1975
Annual Tax Amount $20,096
Tax Year 2023
Lot Size 0.301 Acres
Lot Dimensions Assessor
Property Description
Five unit multi-tenant industrial property located in the Signal Hill industrial district. Perfect for an owner-user or keep as a leased investment. Each unit has a small office, restroom, and warehouse area. Minimum warehouse clearance is approximately 13 - 14 feet. Warehouse access is from a metal ground level overhead door; office access from a metal framed glass door. There is a single skylight in the warehouse area of each unit. There are a total of 11 parking spaces reflecting a parking ratio of 1.8/1,000 sf of building area. The property is well-maintained in good condition. Current rents are below market; there is very good upside potential on rents. All tenants on a "month-to-month" lease term.
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Composition,Rolled/Hot Mop
Total Parking Spaces 11
Building
Lot Description Rectangular Lot, Level
Story 1
Water Public
Others
Tax ID 7217013005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Lease Land No
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Bought with Hoyt Hochman • Re/Max Platinum Properties